Mark Parker

Mark Parker
Mark Parker at the World Economic Forum in 2008.

Mark Parker is Nike, Inc.'s third CEO, after William Perez resigned in January 2006 citing differences with his predecessor as CEO, Phil Knight.

Parker was born in Poughkeepsie, New York and earned his bachelor's degree in political science at Penn State University in 1977. He ran on the Penn State track team.[1] He joined Nike in 1979 as a footwear designer based in its R&D facility in Exeter, New Hampshire.

Parker has held a variety of positions during his tenure at Nike. He became Division Vice President in charge of development in 1987, Corporate Vice President in 1989, General Manager in 1993, and Vice President of Global Footwear in 1998.[2] Prior to becoming CEO, he served as co-president (with Charlie Denson) of the Nike brand beginning March 2001. Parker's salary for 2008 was $7.6 million. He still participates in shoe design.[1]

Parker has committed to ensuring that Nike remain environmentally conscious. After 10 years of work, Parker and his team launched the first "Green Shoe" that adheres to the principles of sustainability.[3]

Compensation

While CEO of Nike in 2008, Mark G. Parker earned a total compensation of $7,620,700, which included a base salary of $1,376,923, a cash bonus of $2,682,684, stocks granted of $1,500,000, and options granted of $1,872,450.[4]

Art Collection

Mark Parker is an avid arts supporter with an extensive ongoing collection of modern, low brow and underground contemporary art, along with many other one-of-a-kind collectibles. Notable artists from Parker's collection include Andy Warhol, Mark Ryden, Kris Kuksi, Todd Shorr, Tim Biskup, Sas Christian, Sebastian Kruger, Charles Krafft, Scott Musgrove and Michael Leavitt. Other notable items include rare movie ephemera such as original props and models from "Mars Attacks!" (1996), "The Day the Earth Stood Still" (1951), "Back to the Future" (1989) and "Batman" (1989).[5]

References

  1. ^ a b Bustillo, Migel (May 10, 2010). "Nike Looks Beyond Its 'Swoosh' for Growth". Wall Street Journal: p. B1. 
  2. ^ "Mark G. Parker". Forbes. http://people.forbes.com/profile/mark-g-parker/57735. Retrieved 2010-05-10. 
  3. ^ CNN Feature on Nike's "Green Shoe"
  4. ^ 2008 CEO Compensation for Mark G. Parker, Equilar.com
  5. ^ O'Shea, Jamie (September 2004). "Inside Mark Parker's Alternate Universe". Juxtapoz Magazine: p. 44.